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Russia
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591
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Why are well-known reasons why the majority loses money, bullshit?
Therefore, we all heard a bunch of reasons why traders lose. In addition, many lousy bazaars about it.
1. Lack of discipline.
What the fuck is this? Do you get up to work every morning to pay bills? Do you cross the road to a green traffic light or at a pedestrian crossing? Do you know how to drive a car and not go to the oncoming lane on the highway for no reason? Do you know how not to piss in public places, but to endure to the toilet? Do you know how to endure hunger? In the end, can you face the situation and finish reading this paragraph to the end?
Congratulations. In that case, you are disciplined. So what is the deal? Why do you lose in the market? Why don't you follow the system? The reason is either your method is shit or your system. Not in you. You are constantly trying and looking for something new, experimenting, because the way you are trying to get money out of the market is shit. Why do not you try to pump up the wheel with your ass? On the other hand, do not trying to eat soup, dragging it with nose? Because there are normal working methods that you use without changing them. Because they work. So all this nonsense about discipline is nonsense. You just have a fucking shitty method or system.
2. Does not keep a log and does not analyze errors. Face palm.
Ask a 3-year-old child to paint Mona Lisa. He will not successes. Now make him start a journal and write what his mistakes were. Can a 3-year-old child without drawing skills, without knowledge of the theory of drawing, without integrated knowledge and skills evaluate himself? Is he ADEQUATE to say what his mistake was? Nevertheless, there are bunch that kind here. Sit, write snot about snot. Obviously, traders are not even able to assess what is right and what is wrong in their behavior. They do not even know the right criteria and metrics. In addition, spend their time on these journals, evaluating their actions on the result.
When you drive, what's more important? Where did you get or how did you get there? Both times, you could get from A to B, but if in the first case, you were sober and in your own lane, and in the second you were drunk and on the opposite traffic side, the result would not be equivalent. This refers to loss or profit.
Dear diary, today I am again in the ass drunk drove into the oncoming truck, because I did not analyzed my mistakes. I did not looked at the road, but at the speedometer. Tomorrow I will get drunk again, I will go on an opposite traffic side, but I will look at the road.
3. Do not put stop loss. For reference. 90% of stops on CME and other exchanges are executed. Because the Market Makers purposefully follow them. I do not even want to talk about stop loss, because many of the asses will detonate. Stop Loss is the intention or decision to exit when a certain level of loss is reached. This must be done by hand. If you cannot do it with your hands, then you have more problems than the fact that you do not put a stop loss.
4. Not patient enough. I already see how you piss off in public places, rub off, pissing off the guards and so on.
5. Trades on emotions. I am done. Fuck.
Tired of writing.
There are not many real reasons for which you are losing.
1. You are simply not created for this profession. Either you do not have balls to take risks. Either you are looking for a way to ruin your life. Either you are a moron, but in this case, you are also unable to read this post.
2. You do not understand what you are doing. You do not have enough education and understanding of what is happening. You have been taught some kind of magical crap, and you are a naive sucker, who believed in nonsense. This is 80% real reason you lose. EVERYONE! We have here 80% chances you losing because of this.
3. You have an unstable financial situation. Because of this, you WILL react too emotionally. By the way, brokers complain that people whose money is controlled by robots lose 30% faster than they lose those who manage their own hands. Brokers are not profitable for you to lose too much too fast. Slow fucking down dudes.
In addition, the robots, they trade without emotions. This is a word about way to trade without emotions. Fuckky shit is real. The same correlation for accidents. With an automatic box, more often get in an accident.
4. You asshole or idiot. You can be calm. If you have read it, then you are not.
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